Advanced Chemical Industries PLC. announcements
379 Dhaka Stock Exchange announcements for Advanced Chemical Industries PLC. (ACI) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2016 (25).
- Interim Dividend Disbursement
The Company has informed that the interim cash dividend has been disbursed to the respective shareholders' Bank Account through BEFTN on December 12, 2016. Cash dividend warrant for the folio shareholders has been dispatched by courier service to the mailing address on December 13, 2016.
- Resumption after record date
Trading of the shares of the Company will resume on 05.12.2016 after record date.
- Suspension for Record Date
Trading of the shares of the Company will remain suspended on record date i.e., 04.12.2016 for entitlement of interim dividend.
- Spot for interim dividend entitlement
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 30.11.2016 to 01.12.2016. Trading of the shares of the Company will remain suspended on record date i.e., 04.12.2016 for entitlement of interim dividend.
- Updating information of Margin Account
The Company has requested the concerned Merchant Banks/Brokerage Houses/DPs to provide the details of Margin Loan Holders name, BOID, Shareholding Position, Applicable Tax Rate, Net dividend amount, Bank name, Bank account no. and Routing Number etc. to their share office at 9 Motijheel, Dhaka on or before December 06, 2016.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 4.50 for July-September, 2016 as against Tk. 3.77 for July-September, 2015; Consolidated NOCFPS was Tk. 20.60 for July-September, 2016 as against Tk. (12.63) for July-September, 2015. Consolidated NAV per share was Tk. 249.21 as of September 30, 2016 and Tk. 243.72 as of June 30, 2016.
- Interim Cash Dividend
The Board of Directors of the Company has declared 75% interim cash dividend for the year ending 2017 based on 3 months financials for the period ended on September 30, 2016. Record date for entitlement of interim cash dividend: 04.12.2016.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (14.11.2016) following its corporate declaration.
- Board Meeting
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 13, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.
- 18 months audited financials & re fixation of AGM date
The Company has informed that the Board of Directors has adopted the audited financial statements for the 18 months period from January 01, 2015 to June 30, 2016. The Company has informed that 115% cash dividend (already disbursed) & 10% stock as recommended by the Board of Directors on April 27, 2016 for the year ended on December 31, 2015 will remain unchanged for the period of 18 months ended on June 30, 2016. The earlier declared Record Date i.e. 19.05.2016 has remained unchanged. New date of AGM: 07.12.2016, Time: 11:00 AM, Venue: Officers Club, 26 Baily Road, Dhaka. The Company has reported Consolidated EPS of Tk. 81.92, Consolidated NAV per share of Tk. 243.72 and Consolidated NOCFPS of Tk. (59.14) for the 18 months period from January 01, 2015 to June 30, 2016 whereas Consolidated EPS of Tk. 9.59, Consolidated NAV per share of Tk. 243.72 and Consolidated NOCFPS of Tk. (23.34) for the 6 months period from January-June, 2016.
- Board Meeting
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 26, 2016 at 4:00 PM to consider, among others, audited financial statements of the Company for the period of 18 months from January 01, 2015 to June 30, 2016.
- Dividend Disbursement
The Company has informed that the Cash dividend for the year ended on December 31, 2015 has been disbursed to the respective shareholders' Bank Accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) System. The shareholders are requested to collect the dividend warrants for folio based shareholders from June 27, 2016 to June 29, 2016 from the Share office of the Company at 9 Motijheel C/A, (1st Floor) Dhaka-1000 between 10:00 AM to 3:00 PM.
- Agreement to sale and distribute YAMAHA brand motorcycles
The Company has informed that The Board of Directors has acknowledged a distribution agreement on 5th June, 2016 between ACI Motors Limited, a subsidiary of ACI Limited having 66.50% stake and India Yamaha Motors Private Ltd. for an initial term of 3 years. Under this agreement, the Subsidiary will sell and distribute YAMAHA brand motorcycles and parts in its Bangladesh territory with an estimated sales target of Tk. 502 ml., Tk. 2,445 ml. and Tk. 3,400 ml. during the year 2016, 2017 and 2018 respectively.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA-" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the Company will resume on 22.05.2016 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2016.
- Spot News
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 17.05.2016 to 18.05.2016. Trading of the shares of the Company will remain suspended on record date i.e., 19.05.2016.
- Postponement of AGM, unchanged Record date.
The Company has further informed that pursuant to the Directive issued by the BSEC dated April 27, 2016 to follow July-June as income year, in compliance with the provision of the Finance Act, 2015, the company has postponed their AGM to be held on June 09, 2016. In compliance with the aforesaid Directive and for the first time adoption of the change in the financial year, AGM of the Company will consider 18 months accounts i.e. audited accounts from January 1, 2015 to June 30, 2016. Therefore the AGM will be held after closing the accounts on June 30, 2016 and Record date declared earlier i.e May 19, 2016, shall remain unchanged.
- Dividend Declaration
The Board of Directors has recommended 115% cash and 10% stock dividend for the year ended on December 31, 2015. Date of AGM: 09.06.2016, Time: 11:00 AM, Venue: Officers Club, 26 Baily Road, Dhaka. Record Date: 19.05.2016. The Company has also reported consolidated EPS of Tk. 72.33, consolidated NAV per share of Tk. 245.30 and consolidated NOCFPS of Tk. (35.80) for the year ended on December 31, 2015 as against Tk. 14.49, Tk. 120.30 and Tk. 1.23 respectively for the year ended on December 31, 2014.The Company has further informed that they will change their Income/Accounting Year of the Company from Calendar Year to Fiscal Year as per Finance Act-2015 and NBR Guidelines with effect from 1st July 2016 to 30th June 2017.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2016) following its corporate declaration.
- Q1 Financials
Consolidated EPS for January-March, 2016 was Tk. 2.48 as against Tk. 1.98 for January-March, 2015; Consolidated NOCFPS was Tk. (12.98) for January-March, 2016 as against Tk. (2.32) for January-March, 2015. Consolidated NAV per share was Tk. 247.29 as of March 31, 2016 and Tk. 245.30 as of December 31, 2015.
- Furnishing 12 digits e-TIN Number
The Company has requested the shareholders to update their respective BO Accounts with 12 digits e-TIN and any other changes in the particulars through their DP and the Shareholders bearing Folio Numbers are requested to submit their e-TIN certificate to the share department of the company latest by 10.05.2016 failing of which Income Tax will be deducted at source @ 15% instead of 10% from cash dividend as per Income Tax Ordinance, 1984.
- Information for Brokerage houses/DPs relating to Margin Loan
The Company has requested the concerned Brokerage Houses/DPs to provide the details (shareholderÂs name, BO ID, shareholding position, applicable tax rate, dividend amount, bank name, account number, routing number) of the Margin Loan Holders who hold CompanyÂs shares on the Record date to CompanyÂs share office at Motijheel.
- Board Meeting
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2016 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016. As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2016 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2015.
- Opening a Subsidiary Company in the USA
The Company has informed that the Board of Directors has approved a plan of its subsidiary ACI HealthCare Ltd. to apply for permission of relevant authorities for opening a subsidiary company in the USA for the purpose of starting its product development, regulatory, marketing and distribution activities to facilitate the operation of its Pharma Plant at Sonargaon, Narayangonj being built to USFDA specification. The subsidiary initially will perform product development and regulatory activities.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.